(Reuters) -U.S. President Donald Trump is considering three finalists for Federal Reserve chair to replace Jerome Powell, whom Trump has criticized all year for not cutting rates as he has demanded.
Treasury Secretary Scott Bessent, who is helping run the search, says the Fed’s “policymaking arrogance” has caused missteps and on Friday called for a full review of how the central bank does its job, from how it sets interest rates to how it manages its police force.
Here is a look at recent comments by the three candidates, as well as the current odds on each in online betting markets.
CHRISTOPHER WALLER, 66, FED GOVERNOR
Chief research economist at the St. Louis Fed until Trump put him on the Fed’s Board of Governors in Washington 2020, Waller addressed Fed independence in his first spe